揚水発電市場規模、シェア、成長分析、タイプ別、ストレージ容量別、揚水タービン容量別、プロジェクトタイプ別、最終用途分野別、地域別 - 産業予測、2025年～2032年

揚水発電の世界市場規模は2023年に483億米ドルとなり、予測期間（2025-2032年）のCAGRは13.2%で、2024年の546億8,000万米ドルから2032年には1,474億2,000万米ドルに成長する見通しです。

世界の揚水発電市場は、風力や太陽光などの再生可能エネルギー源へのシフトに牽引され、著しい拡大を見せています。電力網におけるエネルギー貯蔵の主要な形態として、持続可能性を高めています。ポンプとタービンの技術的進歩は、さらにその人気に拍車をかけています。このシステムは、電力需要の少ない時間帯に高い貯水池に水を貯め、需要がピークに達したときにタービンでエネルギーを生成することで作動します。さらに、低金利融資、税制優遇措置、水力発電の生産奨励金といった政府の取り組みも、市場の成長を促進する上で極めて重要です。クリーンエネルギー・ソリューションによる二酸化炭素排出量の削減が重視されるようになったことで、揚水発電の需要が高まり、進化するエネルギー情勢における重要なプレーヤーとして位置づけられています。

目次

イントロダクション

• 調査の目的
• 調査範囲
• 定義

調査手法

• 情報調達
• 二次と一次データの方法
• 市場規模予測
• 市場の前提条件と制限

エグゼクティブサマリー

• 世界市場の見通し
• 供給と需要の動向分析
• セグメント別機会分析

市場力学と見通し

• 市場概要
• 市場規模
• 市場力学
  • 促進要因と機会
  • 抑制要因と課題
• ポーターの分析

主な市場の考察

• 重要成功要因
• 競合の程度
• 主な投資機会
• 市場エコシステム
• 市場の魅力指数（2024年）
• PESTEL分析
• マクロ経済指標
• バリューチェーン分析
• 価格分析
• ケーススタディ
• 顧客購買行動分析

揚水発電市場規模：タイプ別& CAGR（2025-2032）

• 市場概要
• オープンループ
• クローズドループ

揚水発電市場規模：ストレージ容量別& CAGR（2025-2032）

• 市場概要
• 100MW時未満
• 100～250MW時
• 250～500MW時
• 500MW時以上

揚水発電市場規模：揚水タービン容量別& CAGR（2025-2032）

• 市場概要
• 100MW未満
• 100～250MW
• 250～500MW
• 500MW以上

揚水発電市場規模：プロジェクトタイプ別& CAGR（2025-2032）

• 市場概要
• スタンドアロン
• ハイブリッド（太陽光発電、風力発電、潮力発電）
• アドオン

揚水発電市場規模：最終用途分野別& CAGR（2025-2032）

• 市場概要
• ユーティリティ
• 産業用
• 商業用
• 住宅用

揚水発電市場規模：地域別& CAGR（2025-2032）

• 北米
  • 米国
  • カナダ
• 欧州
  • ドイツ
  • スペイン
  • フランス
  • 英国
  • イタリア
  • その他欧州地域
• アジア太平洋地域
  • 中国
  • インド
  • 日本
  • 韓国
  • その他アジア太平洋地域
• ラテンアメリカ
  • ブラジル
  • その他ラテンアメリカ地域
• 中東・アフリカ
  • GCC諸国
  • 南アフリカ
  • その他中東・アフリカ

競合情報

• 上位5社の比較
• 主要企業の市場ポジショニング（2024年）
• 主な市場企業が採用した戦略
• 最近の市場動向
• 企業の市場シェア分析（2024年）
• 主要企業の企業プロファイル
  • 企業の詳細
  • 製品ポートフォリオ分析
  • 企業のセグメント別シェア分析
  • 収益の前年比比較（2022-2024年）

主要企業プロファイル

• ANDRITZ AG（Austria）
• Siemens AG（Germany）
• Enel SpA（Italy）
• Duke Energy Co.（U.S.）
• Voith GmbH & Co. KGaA（Germany）
• GE Vernova（U.S.）
• Power Construction Corporation of China（China）
• Torrent Power（India）
• ITC Holdings（U.S.）
• NextEra Energy, Inc.（U.S.）
• China Energy Engineering Corporation（China）

結論と提言

Global Pumped Hydro Storage Market size was valued at USD 48.3 billion in 2023 and is poised to grow from USD 54.68 billion in 2024 to USD 147.42 billion by 2032, growing at a CAGR of 13.2% during the forecast period (2025-2032).

The global pumped hydro storage market is witnessing significant expansion, driven by the shift towards renewable energy sources like wind and solar. As the leading form of energy storage on the electric grid, it enhances sustainability. Technological advancements in pumps and turbines have further fueled its popularity. The system operates by storing water in higher reservoirs during periods of low electricity demand and then generating energy through turbines when demand peaks. Additionally, government initiatives such as low-interest loans, tax incentives, and hydroelectric production incentives are pivotal in promoting market growth. The increasing emphasis on reducing carbon emissions through clean energy solutions is propelling the demand for pumped hydro storage, positioning it as a critical player in the evolving energy landscape.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Pumped Hydro Storage market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Pumped Hydro Storage Market Segments Analysis

Global Pumped Hydro Storage Market is segmented by Type, Storage Capacity, Pumped Hydro Turbine Capacity, Project Type, End-Use Sector and region. Based on Type, the market is segmented into Open Loop and Closed Loop. Based on Storage Capacity, the market is segmented into Below 100 MWh, 100-250 MWh, 250-500 MWh and Above 500 MWh. Based on Pumped Hydro Turbine Capacity, the market is segmented into Below 100 MW, 100-250 MW, 250-500 MW and Above 500 MW. Based on Project Type, the market is segmented into Standalone, Hybrid (With Solar PV, Wind, or Tidal) and Add-on. Based on End-Use Sector, the market is segmented into Utilities, Industries, Commercial and Residential. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Pumped Hydro Storage Market

The growing need for reliable grid stability solutions is driven by the increasing reliance on renewable energy sources such as wind and solar power. Pumped hydro storage systems are essential in this context, as they facilitate energy conservation and offer cost-effective strategies for energy transition. By efficiently balancing energy demand and supply, pumped hydro storage emerges as a dependable source for long-duration energy storage. This technology plays a vital role in ensuring that renewable energy can be harnessed effectively, supporting the overall shift toward a more sustainable and resilient energy landscape.

Restraints in the Global Pumped Hydro Storage Market

The Global Pumped Hydro Storage market faces significant challenges due to the substantial upfront capital required for construction, design, and land acquisition of power plants. While ongoing maintenance and operational expenses are relatively low and these facilities tend to have long lifespans, the high initial investment can deter potential investors. Additionally, the emergence of alternative technologies and more cost-effective storage solutions may further hinder investor interest, leading to a cautious approach toward funding pumped hydro projects. These financial restraints create a challenging environment for the growth and development of pumped hydro storage solutions in the energy sector.

Market Trends of the Global Pumped Hydro Storage Market

The global pumped hydro storage (PHS) market is witnessing a significant shift driven by the urgent need for decarbonization and net-zero commitments. As nations intensify efforts to achieve sustainable energy goals, the demand for PHS systems is surging, cementing their role as a critical technology for stabilizing renewable-heavy electricity grids. With the capability to store and discharge energy for over 20 hours, PHS not only ensures a continuous clean power supply but also mitigates the risk of blackouts, making it an invaluable asset in the transition to a greener energy landscape. This evolving market trend underscores the importance of PHS in supporting global energy resilience and sustainability initiatives.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Customer Buying Behavior Analysis

Global Pumped Hydro Storage Market Size by Type & CAGR (2025-2032)

• Market Overview
• Open Loop
• Closed Loop

Global Pumped Hydro Storage Market Size by Storage Capacity & CAGR (2025-2032)

• Market Overview
• Below 100 MWh
• 100-250 MWh
• 250-500 MWh
• Above 500 MWh

Global Pumped Hydro Storage Market Size by Pumped Hydro Turbine Capacity & CAGR (2025-2032)

• Market Overview
• Below 100 MW
• 100-250 MW
• 250-500 MW
• Above 500 MW

Global Pumped Hydro Storage Market Size by Project Type & CAGR (2025-2032)

• Market Overview
• Standalone
• Hybrid (With Solar PV, Wind, or Tidal)
• Add-on

Global Pumped Hydro Storage Market Size by End-Use Sector & CAGR (2025-2032)

• Market Overview
• Utilities
• Industries
• Commercial
• Residential

Global Pumped Hydro Storage Market Size & CAGR (2025-2032)

• North America (Type, Storage Capacity, Pumped Hydro Turbine Capacity, Project Type, End-Use Sector)
  • US
  • Canada
• Europe (Type, Storage Capacity, Pumped Hydro Turbine Capacity, Project Type, End-Use Sector)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Storage Capacity, Pumped Hydro Turbine Capacity, Project Type, End-Use Sector)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Storage Capacity, Pumped Hydro Turbine Capacity, Project Type, End-Use Sector)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Storage Capacity, Pumped Hydro Turbine Capacity, Project Type, End-Use Sector)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• ANDRITZ AG (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Enel SpA (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Duke Energy Co. (U.S.)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Voith GmbH & Co. KGaA (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GE Vernova (U.S.)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Power Construction Corporation of China (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Torrent Power (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ITC Holdings (U.S.)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NextEra Energy, Inc. (U.S.)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Energy Engineering Corporation (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations